Trade

True to his campaign promise, U.S. President Donald Trump has unleashed what looks like an all-out trade war against China. This month saw the U.S. slapping new tariffs on $200 billion in Chinese imports, with additional duties expected to reach to 25% next year. This comes on top of an earlier round of tariffs on […]

As of 12:01am on Friday (July 6) morning, the trade war between the United States and China began in earnest. The American government began to collect tariffs on $34 billion worth of goods, which was immediately followed by the Chinese government’s equivalent response of tariffs on 545 goods including beer, seafood, dairy and automobiles. The tariffs are the culmination […]

The first China Cultural Center in Bulgaria was inaugurated here on Thursday. The center, covering an area of almost 4,000 square meters, is located in the downtown of Sofia, Bulgaria’s capital city, and includes exhibition halls, a library and rooms for teaching Chinese language, calligraphy, music, martial arts, dance and cuisine. Zhang Xu, China’s Vice […]

China will become the leading destination for exports from Latin America and the Caribbean in 2017, with growth of 23 percent this year, according to a new report by the UN Economic Commission for Latin America and the Caribbean (ECLAC). ECLAC’s executive secretary, Alicia Barcena, unveiled the annual report on the region’s trade on Monday […]

An anti-dumping investigation into ethanolamine imported from the United States, Saudi Arabia, Malaysia, and Thailand has been started by the Chinese Ministry of Commerce. The ministry received a joint application demanding an inquiry from six domestic producers, who accused foreign manufacturers of dumping the products on the Chinese market, according to an official statement. The […]

China’s poverty relief brings benefits not only to its citizens, but also to people in neighboring countries. In Houqiao Village of Tengchong City, southwest China’s Yunnan Province, the local government has been encouraging people to participate in cross border trade to increase their income. “Houqiao was a poor village with about 1780 residents, but now […]

CHINA’S foreign trade growth slowed more than expected in April amid weaker demand and a correction in commodity prices. Exports in yuan-denominated terms rose 14.3 percent year on year to 1.24 trillion yuan (US$180 billion), slower than the 22.3 percent increase in March, the General Administration of Customs said. Imports grew 18.6 percent to 979.1 […]

REJECTED visa applications are keeping thousands of Chinese tourists from visiting Hawaii. More than 2,000 of the 6,000 Nu Skin distributors in China who were planning to attend a conference are not able to attend because of visa troubles. Next month’s convention of the direct marketing company that sells personal care products was to have […]